The purchases ledger control account had a $79500 balance before the following errors were considered. 1 A $5300 contra between the purchases ledger control account and the sales ledger control account had not been entered. 2 Cash purchases of $1200 on the final day of the period were omitted from the records. 3 The discount received column in the cash book was overcast by $6200. 4 The returns inwards journal had been undercast by $1500. Which amount for trade payables should appear in the statement of financial position?
- A$78900
- B$80100
- C$80400
- D$81600